855 W Franklin StWythevilleVA24382
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Wytheville at 855 W Franklin St, Wytheville, VA, 24382 with 5% annual appreciation on a $119,000 basis while $943/mo rent supports operations. Total monthly income totals $943/mo and a $582/mo payment preserves $232/mo for cash returns. Annual cash flow comes to $2,785/yr on $39,449 deployed, and return on cash invested reaches 26.97% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 9.51%. Five-year ROI measures 140.55% and total cumulative return in cash totals $55,445.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $943/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24382, Wytheville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,276 (100%) |
| Owner Occupied HU | 4,415 (60.7%) |
| Renter Occupied HU | 2,049 (28.2%) |
| Vacant Housing Units | 812 (11.2%) |
| Median Home Value | $210,562 |
| Average Home Value | $242,951 |
Housing Distribution
Address Breakdown
Residential
6,823
Single Family
6,788
Multi-Family
35
Businesses
883
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Listed by: Mitch Anders • United Country Anders Realty & Auction
Mls Name: SWVAR
Mls ID: #100151